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. >> increasing tax rates draws money away from the economy that needs to be invested in the economy to put people back to work. it is the wrong approach. >> reporter: bolder by his re-election, and criticized for being soft on republicans in the past, he drew a hard line, including $1.6 trillion in revenues, $600 billion in additional spending cuts, about half in medicare, and at least $50 billion infrastructure spending. >> we don't want to increase tax rates, we're not going to increase tax rates. and we want to do something about the spending problem. >> reporter: aides say senate minority leader mcconnell laughed after tim geithner showed him the offer thursday. today, confl republican goals remain the same, they say, serious entitlement reform, including higher premiums for the wealthy, and increases in the eligibility wage, with the clock ticking, both sides are working. >> all of us will have to get out of our comfort zones to make it happen. >> reporter: now also a part of the president's plan ending congressional oversight of the debt limit, one aide says it is a pipe dream
. >> increasing tax rates draws money away from the economy that needs to be invested in the economy to put people back to work. it is the wrong approach. >> reporter: bolder by his re-election, and criticized for being soft on republicans in the past, he drew a hard line, including $1.6 trillion in revenues, $600 billion in additional spending cuts, about half in medicare, and at least $50 billion infrastructure spending. >> we don't want to increase tax rates, we're not...
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thousands of open jobs at big brand name companies in this economy. how come they're having such a hard time finding people to fill them? >>> and later, all signs point to victory for a team that overcame incredible odds to win the championship. >>> news that shipping companies are hiring thousands of new workers right now to keep up with the christmas demand should come as good news to many americans who have been sitting on the sidelines in this weak job market. yet surprisingly companies are having a hard time filling some of those jobs. nbc's michelle franzen tells us why. >> reporter: they are the elves to retailers, the major distribution companies, and workers making sure all those gifts ordered online are processed and delivered on time for the holidays. with record-setting online sales this shopping season, companies like amazon, ebay, and u.p.s. are struggling to hire enough workers to meet the demand. >> we're hiring 50,000 seasonal associates across our entire network in the u.s. to help meet demand. >> reporter: u.p.s. set a similar goal
thousands of open jobs at big brand name companies in this economy. how come they're having such a hard time finding people to fill them? >>> and later, all signs point to victory for a team that overcame incredible odds to win the championship. >>> news that shipping companies are hiring thousands of new workers right now to keep up with the christmas demand should come as good news to many americans who have been sitting on the sidelines in this weak job market. yet...
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been done on the site and an official announcement is imminent but dropped pretty good hints. >> the economy is changing and online shopping continues to be prominent. we think this is at the front edge of that trend. >>> wal-mart is moving forward with plans to expand its antioch store. california health and environmental groups filed a lawsuit saying it had under estimated potential economic and environmental effects on the bay area. call mart called the court's decision a win for customers, job seekers and suppliers. the groups that filed the lawsuit say they are considering further legal action. >>> let's bring in our chief meteorologist. this is the time where he walks the streets where he lives and says i have a question for you. >> it is happening on overtime with all of the wet weather coming our way. we did have a strong round of wind and rain this morning. a lot of you know what i'm talking about. winds at the coast line anywhere from 15 to 25 miles per hour. a lot calmer than the 70 to 80 miles per hour wind gusts that were clocked. doppler radar is dry as it scans. let's get you
been done on the site and an official announcement is imminent but dropped pretty good hints. >> the economy is changing and online shopping continues to be prominent. we think this is at the front edge of that trend. >>> wal-mart is moving forward with plans to expand its antioch store. california health and environmental groups filed a lawsuit saying it had under estimated potential economic and environmental effects on the bay area. call mart called the court's decision a win...
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economists feel if washington can't strike a deal, the economy will fall back into recession and the unemployment rate will shoot up, rob and paula. >> tahman, the clock is ticking in all of this. where do the talks go from here this week? >> well, the white house said president obama presented his plan last week and the gop leaders shot it down. now, the ball is in the hands of the republicans. right now, it's all about the math. republicans may have to cave on taxes but president obama may have to accept deeper spending cuts. only 18 days left. >> the messy art of compromise. tahman bradley live in washington. >>> and rivers are rising across northern california this morning after three powerful storms blow through in less than a week. the latest round of flooding rain drenched the area yesterday, knocking down giant trees and leaving nearly 100,000 people without power. high winds overturned tractor trailers. abc's cecilia vega shows us what it looked like in california wine country. >> reporter: this is a storm that slammed the west coast from washington all the way down to the s
economists feel if washington can't strike a deal, the economy will fall back into recession and the unemployment rate will shoot up, rob and paula. >> tahman, the clock is ticking in all of this. where do the talks go from here this week? >> well, the white house said president obama presented his plan last week and the gop leaders shot it down. now, the ball is in the hands of the republicans. right now, it's all about the math. republicans may have to cave on taxes but president...
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it will hurt our economy. why? this is not the right approach. >> reporter: boehner and president obama said they are optimistic that a deal can be reached by christmas. >>> turning overseas to egypt, where opponents of president mohamed morsi are calling for a second revolution. morsi is addressing his people today. a speech in which he's expected to discuss his move last week to seize near absolute power. thousands have been on the streets of cairo protesting that move since. morsi is showing no signs, though, of backing down. >>> and with the conflict in syria showing no signs of ending, the obama administration is reportedly considering deeper intervention there. this morning's "new york times" says no decisions have been made. but several options are being looked at, including providing arms to anti-government fighters. a decision on whether to deploy surface-to-air missiles in neighboring areas is likely next week. >>> and a major milestone is expected at the u.n. today, when the general assembly votes to giv
it will hurt our economy. why? this is not the right approach. >> reporter: boehner and president obama said they are optimistic that a deal can be reached by christmas. >>> turning overseas to egypt, where opponents of president mohamed morsi are calling for a second revolution. morsi is addressing his people today. a speech in which he's expected to discuss his move last week to seize near absolute power. thousands have been on the streets of cairo protesting that move since....
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that's what our economy needs. that's what the american people deserve. >> the white house is also turning to social media in a new twitter hash tag to spread his message. >> today, i'm asking congress to listen to the people who sent us here to serve. i'm asking americans all across the country to make your voice heard. tell members of congress what a $2,000 tax hike would mean you to. call your members of congress. write them an e-mail, post it on their facebook walls. you can tweet it using th the #my2k. not y2k, #my2k. >> they showed support for cutting a deal with the president. yesterday the oklahoma republican repeated his belief that congress should start by locking in tax cuts for the middle class. >> in my view, we all agree that we're not going to raise taxes on people that make less than $250,000. we should just take them out of this discussion right now, continue to fight against any rate increases, continue to try to work honestly for a much bigger deal. >> if the president is willing to accept 80% of
that's what our economy needs. that's what the american people deserve. >> the white house is also turning to social media in a new twitter hash tag to spread his message. >> today, i'm asking congress to listen to the people who sent us here to serve. i'm asking americans all across the country to make your voice heard. tell members of congress what a $2,000 tax hike would mean you to. call your members of congress. write them an e-mail, post it on their facebook walls. you can...
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surprised if that wasn't going on because the magnitude of what this means to this country and the economy of this country is so profound that i would be shocked if, that there is --. melissa: well, i don't know. you're going back to giving them a lot of credit. i'm not sure i'm willing to go there with you. what do you think of tte fact boboth sides come out instantly after an offer is that it is terrible? president obama was out here, blink of the eye after republicans came out with their plan to say this is not in the spirit. >> today you're talking about? messa: yeah, today. what does that tell you? should we read anything into at or is that -- >> again i wl liken it to there are plenty o people far more ucated on this than i but from a negotiation standpoint i think again it is a lot out posturing. sending out your feelers. melissa: right. >> and seeing what the other side's rponse is to that and kind of figuring out what's the quasi-middle kbround. lissa: yeah. >> that is what the president is doing here, saying this isn't in the spirit what we'retrying to accomplish. melissa: right.
surprised if that wasn't going on because the magnitude of what this means to this country and the economy of this country is so profound that i would be shocked if, that there is --. melissa: well, i don't know. you're going back to giving them a lot of credit. i'm not sure i'm willing to go there with you. what do you think of tte fact boboth sides come out instantly after an offer is that it is terrible? president obama was out here, blink of the eye after republicans came out with their...
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. >> we absolutely want to avoid going over the fiscal cliff because it would be a big drag on the economy. >> but are you willing to do that? >> what we're willing to do is come up with a package that both accelerates economic recovery, but also begins to reduce the long term deficit and the president's been very clear that that means asking higher income earn eaers to pay who are. more. so the real question is whether republicans will agree with tom cole who the other day said we should agree with the president. so let's get that done. let's not hold the middle class hostage to getting a bonus tax break for folks at the top. so it was great to hear tom come forward on that. obviously he's taken some heat within his caucus, but that would obviously avoid the fiscal cliff. >> congressman chriss van hollen, thanks so much. appreciate it. >>> so he mentioned tom cole. let me play what he had to say. >> the president is willing to accept 80% of the bush tax cuts for 9d 8% of the american peopl and make them permanent, we should do that and continue to fight for the things we believe in. >> so
. >> we absolutely want to avoid going over the fiscal cliff because it would be a big drag on the economy. >> but are you willing to do that? >> what we're willing to do is come up with a package that both accelerates economic recovery, but also begins to reduce the long term deficit and the president's been very clear that that means asking higher income earn eaers to pay who are. more. so the real question is whether republicans will agree with tom cole who the other day...
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and now to john boehner. >> -- sending the economy over the fiscal cliff. two weeks ago we had a very productive conversation at the white house. based on where we stand today, i would say two things. first, despite claims that the president supports a balanced approach, democrats have yet to get serious about real spending cuts. and secondly, no substantive progress has been made in the talks between the white house and the house over the last two weeks. this is not a game. jobs are on the line. the american economy is on the line. and this is a moment for adult leadership. campaign style rallies and one-sided leaks in the press are nolts the way to get things done here in washington. majority leader and i just had a meeting with the treasury secretary. it was frank and it was direct. i was hopeful we'd see a specific plan for cutting spending. we sought to find out today what the president really is willing to do. i remain hopeful that productive conversations can be had in the days ahead. but the white house has to get serious. yesterday our leadership t
and now to john boehner. >> -- sending the economy over the fiscal cliff. two weeks ago we had a very productive conversation at the white house. based on where we stand today, i would say two things. first, despite claims that the president supports a balanced approach, democrats have yet to get serious about real spending cuts. and secondly, no substantive progress has been made in the talks between the white house and the house over the last two weeks. this is not a game. jobs are on...
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this impacts the economy. it is creating havoc with our economy and state. if they do not get it resolved, not only do we not have growth money which we are anticipating right now in utah, we could take as much of a $500 million loss in revenue streams because of not getting revenue. we are also saying that states are willing to do our part. we understand this will be a shared sacrifice asked you have to look at spending cuts. states are willing to do more with less. we are asking for more flexibility. it has been a common theme. take away some of the strings and we can do more with less. >> what exactly did you say to the president? >> well, and our case, we are here, not just as individual governors, really, our focus today was not to endorse a specific land, nor to dismiss a specific plan. we think it is important that we have a seat at this table and have points in it. concerns about the economy, concerns about the finances. really offering suggestions that we will follow up on as an organization. ways that we continue to highlight what is good for our s
this impacts the economy. it is creating havoc with our economy and state. if they do not get it resolved, not only do we not have growth money which we are anticipating right now in utah, we could take as much of a $500 million loss in revenue streams because of not getting revenue. we are also saying that states are willing to do our part. we understand this will be a shared sacrifice asked you have to look at spending cuts. states are willing to do more with less. we are asking for more...
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warning the economy could suffer greatly if lawmakers can't get a deal done. he proudly flashed his store membership card. >> i went to get my wife's card, she said no, no, no, get your own. >> reporter: according to sources at the white house and on the hill, treasury secretary geithner offered a plan that includes $1.6 trillion in new taxes and $400 billion in spending cuts. it is essentially the budget proposal from last year, a plan republicans called a nonstarter. you can expect president obama to take more trips like the one he is making today to try to move the needle on these negotiations. willie? >> kristen welker at the white house. david gregory, moderator of "meet the press." good morning. >> good morning. >> if looking for reason to be optimistic a deal will be done, yesterday was not your day. by most accounts, treasury secretary tim geithner laughed off capitol hill literally by mitch mcconnell, john boehner says the white house offer is not serious. is this a breakdown in negotiation or the first steps in what will be a month of negotiation? >>
warning the economy could suffer greatly if lawmakers can't get a deal done. he proudly flashed his store membership card. >> i went to get my wife's card, she said no, no, no, get your own. >> reporter: according to sources at the white house and on the hill, treasury secretary geithner offered a plan that includes $1.6 trillion in new taxes and $400 billion in spending cuts. it is essentially the budget proposal from last year, a plan republicans called a nonstarter. you can...
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. >> throw the journalists back in economy. >> well, some of them deserve to be. >> right. >> justin bieber, remember the woman who accused him of having a baby with her. this is back up again. >> paternity is back. it was supposedly settled. now the attorneys are saying that they still do not have the dna test that justin said he did. so it came back to that. >> where is that test? >> the test, has it been done yet? >> he was on the road, the world tour and said he did it and took off. >> no one knows where the dna test is. so apparently, it hasn't been settled. >> and that child is in this world. >> yes, it is. >> thank you, chase. >>> secrets to losing that stubborn belly fat. fit 'em in my budget. well, with the walmart credit card special financing offer, you can get the sony blu-ray home theater system with wi-fi and the high zoom cyber-shot camera with full hd. look at you, spreading some christmas joy! my cart's kinda full. mind holding these? sure. you know what, muscle man, me and you together, we can knock this christmas thing out. this way, sweetie. [ male announcer ] get
. >> throw the journalists back in economy. >> well, some of them deserve to be. >> right. >> justin bieber, remember the woman who accused him of having a baby with her. this is back up again. >> paternity is back. it was supposedly settled. now the attorneys are saying that they still do not have the dna test that justin said he did. so it came back to that. >> where is that test? >> the test, has it been done yet? >> he was on the road, the...
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economy grew 2.7% in the july to september quarter. that's better than expected. >> all right, scott, thank you very much. good vibrations there. >>> right now we are watching that weather as we get a little break before a second storm heads right here to the bay area. >> time to check in with meteorologist christina loren. >> a very active forecast continues. good morning to you. the first week of december is going to be kind of rough across the bay area. start with this live picture over san francisco where we don't have any fog. no rainfall in this area. yesterday we had three-hour flight delays, so the good news for travelers is it looks like flights are leaving on time this morning. we'll continue to track that for you. we have a lot of cloud cover overhead. you'll notice that as soon as the sun comes up over the next 30 minutes. then as we head throughout the day today, those clouds will thicken up as this front starts to drop to the south and gets closer and closer to the bay area. we're not expecting our first significant rainf
economy grew 2.7% in the july to september quarter. that's better than expected. >> all right, scott, thank you very much. good vibrations there. >>> right now we are watching that weather as we get a little break before a second storm heads right here to the bay area. >> time to check in with meteorologist christina loren. >> a very active forecast continues. good morning to you. the first week of december is going to be kind of rough across the bay area. start with...
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we think it's better for the economy. pure and simple. secondly, the american people expect us to find common ground, to work together and to resolve this. frankly, sooner is better than later. >> you've been doing this for a long time and had many high-profile negotiation that is you've ended successfully. can you be candid here about where we are right now. the past 24 hours is this the necessary public posturing that needs to go on to get an ending, or is there a serious stalemate right now? >> there's a stalemate. let's not kid ourselves. i'm not trying to make this more difficult. if you've watched me over the last three weeks, i've been very guarded in what i have to say because i don't want to make it harder for me or the president or members of both parties to be able to find common ground, but when i come out the day after the election, and make it clear that republicans will put revenue on the table, i took a great risk, and then the white house spends three weeks trying to develop a prepolicy and they send one up here that call
we think it's better for the economy. pure and simple. secondly, the american people expect us to find common ground, to work together and to resolve this. frankly, sooner is better than later. >> you've been doing this for a long time and had many high-profile negotiation that is you've ended successfully. can you be candid here about where we are right now. the past 24 hours is this the necessary public posturing that needs to go on to get an ending, or is there a serious stalemate...
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. ♪ with the best-in-class fuel economy. engineered to move heaven and earth. ♪ guts. glory. ram. >>> it's looking more and more like christmas at the white house. earlier this week first lady michelle obama officially unveiled this year's christmas decorations, including 54 christmas trees. but another member of the family seems to have had the final inspection. ♪ ♪ >> one decoration really caught bo's eyes. ♪ >> you've got to get him, bo. folks, that's a washington standoff everyone can enjoy. nes. or protect your family with a will or living trust. and you'd like the help of an attorney. at legalzoom a legal plan attorney is available in most states with every personalized document to answer questions. get started at legalzoom.com today. and now you're protected. i have a cold, and i took nyquil, but i'm still "stubbed" up. [ male announcer ] truth is, nyquil doesn't unstuff your nose. what? [ male announcer ] it doesn't have a decongestant. no way. [ male announcer ] sorry. alka-seltzer plus fights your worst cold symptoms plus has a fast acting decongestant to reli
. ♪ with the best-in-class fuel economy. engineered to move heaven and earth. ♪ guts. glory. ram. >>> it's looking more and more like christmas at the white house. earlier this week first lady michelle obama officially unveiled this year's christmas decorations, including 54 christmas trees. but another member of the family seems to have had the final inspection. ♪ ♪ >> one decoration really caught bo's eyes. ♪ >> you've got to get him, bo. folks, that's a...
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it's a consumer-driven economy. about 70% of the economy is consumer driven. and the other thing the president put on the table, i understand, is refinancing proposal. >> right. >> where people trapped in 7%, 8% mortgages can go down to 4% and 5% mortgages have money in their pocket. these are responsible homeowners to spend out there. so the republicans, i think they're brooding. i think they're upset. i think they're in shock over this election. and they are behaving badly in this sense. we can join hands and take care of the tax cuts for 98% of the american people. can you imagine if i told you, we were in an argument and i gave you 98% of what you want, wouldn't you grab it? this doesn't make any sense to the folks out there. and that's why the courageous republicans like tom cole deserve a lot of credit. but their leaders don't have the message. i don't know what they want. they want a presidential election do-over? that isn't going to happen. this was one of the major issues in the election. let's get on with it and help the middle class, ask the wealthi
it's a consumer-driven economy. about 70% of the economy is consumer driven. and the other thing the president put on the table, i understand, is refinancing proposal. >> right. >> where people trapped in 7%, 8% mortgages can go down to 4% and 5% mortgages have money in their pocket. these are responsible homeowners to spend out there. so the republicans, i think they're brooding. i think they're upset. i think they're in shock over this election. and they are behaving badly in this...
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how is business in this economy? let's take a look at some of the winners on the nasdaq. ♪ want to try to crack it? yeah, th's the way to do it! now we need a little bit more... [ male announcer ] at humana, we understand the value of quality time and personal attention. which is why we are proud to partner with health care professionals who understand the difference that quality time with our members can make... that's a very nice cake! ohh! [ giggles ] [ male announcer ] humana thanks the physicians, nurses, hospitals, pharmacists and oth health professionals who helped us achieve the hhest average star rating among national medicare companies... and become the first and only national medicare advantage company to achieve a 5-star rating for a medicare plan... your efforts result in the quality of care and service we're able to provide... which means better health outcomes... and more quality time to share with the ones o matter most. i love you,randma! [ male announcer ] humana. ♪ connell: kobe bryant from the
how is business in this economy? let's take a look at some of the winners on the nasdaq. ♪ want to try to crack it? yeah, th's the way to do it! now we need a little bit more... [ male announcer ] at humana, we understand the value of quality time and personal attention. which is why we are proud to partner with health care professionals who understand the difference that quality time with our members can make... that's a very nice cake! ohh! [ giggles ] [ male announcer ] humana thanks the...
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. >> it is not leaving a strong economy, it is transforming the economy into a your -- european socialist. connell: thank you, monica. >> thank you. connell: we do have real numbers on the economy to talk about. today, we learned consumer spending is down for the month of october. not to worry says stuart hoffman. he joins us from pittsburgh. >> it is a deal when consumer spending falls. we should put it in context. in july, august and september contributors had a pretty good rebound. as you said, some of the hurricane sandy koufax did affect this number we will find out on monday whether the sales came back when they announced november numbers. if you average this out, we saw, even in our company, a decline in sales of our merchant services. we have seen more of a return to normal and i was encouraged, but i guess it is now black thursday to cyber monday sales look pretty good. connell: everyone says, all right, well, what if we do not get there in terms of this washington self that monica was just talking about and we do not have a deal at the end of the year. does that didn't stop us i
. >> it is not leaving a strong economy, it is transforming the economy into a your -- european socialist. connell: thank you, monica. >> thank you. connell: we do have real numbers on the economy to talk about. today, we learned consumer spending is down for the month of october. not to worry says stuart hoffman. he joins us from pittsburgh. >> it is a deal when consumer spending falls. we should put it in context. in july, august and september contributors had a pretty good...
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for moving the economy forward. president obama, of course, said on election night that he wanted to sit down with mitt romney and do exactly that. and carney was also asked again if president obama would be offering romney any sort of cabinet position. and carney said he did not expect that to happen. i think this was in large part about optics. striking a tone of bipartisanship after what was really a grueling campaign season. helping these two former rivals to essentially move forward. also, in turn, helping the country to move forward. >> is there going to be an internal release of a picture or something like that of the two-minute lunch today? we only have that, you know, little bit of video of mitt romney arriving. >> reporter: yes. that is what we are hoping for. we're hoping for a picture. we're hoping for a few details about what specifically happened. the white house has essentially said they're not going to read out this entire lunch. we asked them for a transcript. doesn't look like we're going to get th
for moving the economy forward. president obama, of course, said on election night that he wanted to sit down with mitt romney and do exactly that. and carney was also asked again if president obama would be offering romney any sort of cabinet position. and carney said he did not expect that to happen. i think this was in large part about optics. striking a tone of bipartisanship after what was really a grueling campaign season. helping these two former rivals to essentially move forward. also,...
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. >> increasing tax rates draws money away from our economy that needs to be invested in our economy to put the american people back to work. it's the wrong approach. >> as the rhetoric heats up, the clock continues to tick down. after today, there are just ten legislative days on the calendar. the house announced they will be recessing one day early next would he week. joining me now from the white house, white house correspondent kristen welker. what's the latest from 1600 pennsylvania? >> well, good afternoon, craig. as you can see the holiday decorations are going up here at the white house. but it doesn't seem like anyone is in the holiday spirit. in fact, house speaker john boehner today said that these negotiations are essentially in a stalemate. president obama as you know hit the road, went to hatfield, pennsylvania to take his case to the people of pennsylvania. trying to put pressure on republicans to get on board with his plan to increase taxes on the wealthiest americans. he made his case at a toy maker there and exceptionally said that if lawmakers can't get a deal done
. >> increasing tax rates draws money away from our economy that needs to be invested in our economy to put the american people back to work. it's the wrong approach. >> as the rhetoric heats up, the clock continues to tick down. after today, there are just ten legislative days on the calendar. the house announced they will be recessing one day early next would he week. joining me now from the white house, white house correspondent kristen welker. what's the latest from 1600...
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that helps our economy. home building and strong corporate profits, that also helped our economy. but here's the thing. when you dig deeper in the report, past that headline number of 2.7%, you know, it's not all it's cracked up to be. businesses built up bigger inventories of their products last quarter. that helps the economy now, but the thing is, it means next quarter these businesses may not buy as much. also, this increase in inventory may be because these products are just piling up and no one is buying them. also, corporate america isn't spending much on much else. computer and equipment purchases, they're down because they're not sure where the economy is headed. and consumers aren't spending as much as first estimated, either. so there's a little good, there's a little kind of bad in the report, carol. >> yeah. i was going to ask you, what does this all mean as far as the fiscal cliff goes, anything? >> reporter: you know this. the fiscal cliff is going to have a huge impact on the economy. in fact, a big european economic group this week dialed back its estimates for u.
that helps our economy. home building and strong corporate profits, that also helped our economy. but here's the thing. when you dig deeper in the report, past that headline number of 2.7%, you know, it's not all it's cracked up to be. businesses built up bigger inventories of their products last quarter. that helps the economy now, but the thing is, it means next quarter these businesses may not buy as much. also, this increase in inventory may be because these products are just piling up and...
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i'm worried about stalling the economy. in the meantime when we talk about raising taxes and what it would do to small business. democrats like to point out we would only raise taxes on 3% of small business owners. >> right. melissa: but that 3% generates 50% of the inme from small business. so they're hiringhe majori of people. to me that is going to cost us jobs. >> well,ou know what? i think that what will cost us jobs for sure is if we go off thissfiscal cliff, because it is not just about ising tacks. it is also about the debt ceiling. it is about unemployment insurance. we have number of key issues that absolutely have to be resolved byythe end of the month. i want to tell youomething, in spite of what it might look i'm actually optimistic i think this is the way negotiations happen. melissa: you are? >> in the political world, i am, i am. in the political world, you know 30 days is a litime. and so i believe that we will reach agreement. now what i don't believe will happen i don't believe we'll solve all the problem
i'm worried about stalling the economy. in the meantime when we talk about raising taxes and what it would do to small business. democrats like to point out we would only raise taxes on 3% of small business owners. >> right. melissa: but that 3% generates 50% of the inme from small business. so they're hiringhe majori of people. to me that is going to cost us jobs. >> well,ou know what? i think that what will cost us jobs for sure is if we go off thissfiscal cliff, because it is not...
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Nov 29, 2012
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about the economy. martha: it will be interesting to see what timothy geithner brings to these discussions today. we'll be reporting on it and you will be there on the hill. thank you very much. >> we'll look forward to it. thanks, martha. martha: all right. bill: there is a controversial vote set to take place today at the united nations and the u.s. is expected to vote against it. eric shawn's live at the u.n. eric, good morning to you, what is the vote about first of all and what's expected to happen? >> reporter: good morning, bill. the vote on the palestinians, a nonmember observer state. we expect to hear from palestinian authority president mahmoud abbas within the next hour. that vote coming after he turned president obama down flat. the u.s. does not want this vote. the palestinians made a move for it last year in the security council where we have a veto. there is no u.s. veto in the 193-member general assembly where it is expected to pass overwhelmingly later this afternoon. last year the pal
about the economy. martha: it will be interesting to see what timothy geithner brings to these discussions today. we'll be reporting on it and you will be there on the hill. thank you very much. >> we'll look forward to it. thanks, martha. martha: all right. bill: there is a controversial vote set to take place today at the united nations and the u.s. is expected to vote against it. eric shawn's live at the u.n. eric, good morning to you, what is the vote about first of all and what's...
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Nov 29, 2012
11/12
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CURRENT
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the economy will sink. and it will be so bad and the public outrage will be so intense that republicans will have to come to their senses on this. i hope we don't have tho get there because if we do, a lot of people will be hurt. we already went through that in the fall of 2008. we let the republicans kick us over the cliff then. i don't want to see it happen again. when we examine back, we're going to be joined by steven sloan who is a senior tax reporter for politico with a lot more insights into what all of these different tax rates mean for middle class. and for the wealthiest of americans. >> announcer: this is the "bill press show." that this guy, to the best of his ability, is trying to look out for us. >> wow! i've never seen anything like this. >> when disaster strikes sometimes the only way out is to look within. current tv digs deep into the extraordinary tales of heroism determination and escape. "trapped" experience the drama. back to back to back. >> hold on mates! >> catch the "trapped" premi
the economy will sink. and it will be so bad and the public outrage will be so intense that republicans will have to come to their senses on this. i hope we don't have tho get there because if we do, a lot of people will be hurt. we already went through that in the fall of 2008. we let the republicans kick us over the cliff then. i don't want to see it happen again. when we examine back, we're going to be joined by steven sloan who is a senior tax reporter for politico with a lot more insights...
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Dec 3, 2012
12/12
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house prices are very sensitive to what is happening in the economy. then we could see default rates start to move up again. that is a question of how do you balance the benefits for the folks who make it through and gain access to home ownership earlier than they would have otherwise or maybe they never would have owned purses the cost of the families that will go through a default and a foreclosure? what is required sustainable home ownership? it is a difficult question. it is one we need to be mindful of when we calibrate this public policy around how low do we want to push those debt payments. when things are getting better, than you can start lowering the downpayments. that is what we ran into with the subprime problem. >> if you raise a down payment, interest rates are low. it is already difficult for some folks to save. their equity is gone or their other sources of downpayment have also been hit by the recession. is there too much emphasis on raising the down payment right now? >> i think it is. as important as down payment is, at the moment, i
house prices are very sensitive to what is happening in the economy. then we could see default rates start to move up again. that is a question of how do you balance the benefits for the folks who make it through and gain access to home ownership earlier than they would have otherwise or maybe they never would have owned purses the cost of the families that will go through a default and a foreclosure? what is required sustainable home ownership? it is a difficult question. it is one we need to...
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Nov 29, 2012
11/12
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KGO
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senator feinstein fought to save the farm saying it was key to the area's economy. the lease expires tomorrow. >>> meteorologist lisa argen taking a look at that second storm on the way. >> wind gusts 35 miles an hour, light rain already reported around the bay ear. live look from our sutro camera clouds thickening and lowering, main rain is several hours off we are already feeling the affects look at mount tam, windy, rainy conditions some of this rain is a lot of low level moisture, live drop her not picking up all, but you see the blue here reporting light rain darker green is the leading edge of what has to get here, it is going to take through the over might hours heaviest rain timing not good for tomorrow's morning rush. right now picking up rain from highway 101 through american canyon, peninsula and into los altos into the east bay, all very light and should stay light but the winds are really cranking up, up to 35 miles an hour half moon bay, 25 mile an hour gusts through san jose, breezy winds around hayward. with that, subtropical, temperatures in the 60s
senator feinstein fought to save the farm saying it was key to the area's economy. the lease expires tomorrow. >>> meteorologist lisa argen taking a look at that second storm on the way. >> wind gusts 35 miles an hour, light rain already reported around the bay ear. live look from our sutro camera clouds thickening and lowering, main rain is several hours off we are already feeling the affects look at mount tam, windy, rainy conditions some of this rain is a lot of low level...
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Nov 30, 2012
11/12
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CNBC
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the economy here is okay. i think that there is a concern that the action isn't taken to continue that strength. now, it isn't 4% or 5% as it is after most recessions. but it is not too bad now. so -- we still immediate job creation. we still need to deal with our deficit. that's why this fiscal cliff discussion goes on indefinitely day by day. it is a crucial point in america and we got to come to a conclusion which is helpful to everybody. >> prediction time. you have to make any -- predictions? >> for next year n. >> yeah. i have to make one. >> 2%. >> here is what i want to ask you. what's the biggest threat to the u.s. economy in 2013? i will give you a couple of choices. wry want to do fiscal cliff. is europe still -- could it be a huge threat? have we -- have we moved far enough along there that -- with sort of dealing with it where that is not going to be the threat that we saw? >> for business in my mind, the threat is not that europe will come apart. they will hold it together. but the economy is not
the economy here is okay. i think that there is a concern that the action isn't taken to continue that strength. now, it isn't 4% or 5% as it is after most recessions. but it is not too bad now. so -- we still immediate job creation. we still need to deal with our deficit. that's why this fiscal cliff discussion goes on indefinitely day by day. it is a crucial point in america and we got to come to a conclusion which is helpful to everybody. >> prediction time. you have to make any --...
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Dec 6, 2012
12/12
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this will only hurt our economy. ernst and young has done an analysis of the president's proposal and said it will cost several hundreds thousands of jobs. there is a better way and the speaker has laid it out. it is an approach that calls for tax reform by reforming the tax code and passing responsible spending cuts in order to get our fiscal house in order. that's what america wants. the big things. this is our moment to provide that leadership that america desperately wants and we stand here ready to take the action necessary. >> the american people are hurting right now and now is the moment where we need to step up to the plate and solve the problem. i don't know how any of us can look our kids and grandkids in the eye and explain to them that we aren't willing to pay for the things we are enjoying today but just going to send them the bill. that's why republicans have the proposal on the table that fixes the problem, puts us on the course to solve the problem, which is the out-of- control spending side of the l
this will only hurt our economy. ernst and young has done an analysis of the president's proposal and said it will cost several hundreds thousands of jobs. there is a better way and the speaker has laid it out. it is an approach that calls for tax reform by reforming the tax code and passing responsible spending cuts in order to get our fiscal house in order. that's what america wants. the big things. this is our moment to provide that leadership that america desperately wants and we stand here...
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Nov 29, 2012
11/12
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FBC
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that will hurt our economy and cost american jobs. republicans have taken action to revert the fiscal cliff. to replace the sequestered and paid way for tax reform and entitlement reform. we are the only ones with a balanced plan to protect the economy, protect american jobs and protect the middle class from the fiscal cliff. without spending cuts and entitlement reform, it will be impossible to address our countries debt crisis and get our economy going again and create jobs. right now, all eyes are on the white house. our country does not need a victory lap, it needs leadership. it is time for the president and congressional democrats to tell the american people what spending cuts they are really going to make. with that, i will take a few questions. [inaudible question] >> we have outlined very specific proposals that we passed in last year's budget and the budget before. we know what the venue is. what we do not know is what the white house is willing to do to get serious about solving our debt crisis. [inaudible question] >> i am
that will hurt our economy and cost american jobs. republicans have taken action to revert the fiscal cliff. to replace the sequestered and paid way for tax reform and entitlement reform. we are the only ones with a balanced plan to protect the economy, protect american jobs and protect the middle class from the fiscal cliff. without spending cuts and entitlement reform, it will be impossible to address our countries debt crisis and get our economy going again and create jobs. right now, all...
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Nov 30, 2012
11/12
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>> increasing tax rates draws money away from our economy that needs to be invested in our economy to put the american people back to work. it's the wrong approach. we're willing to put revenues on the table, but revenues that come from closing loopholes, getting rid of special interest deductions, and not raising rates. we think it's better for the economy, pure and simple. secondly, listen. the american people expect us to find common ground to work together and to resolve this. frankly, sooner is better than later. [ inaudible question ] >> -- is this the necessary public posturing that needs to go on or is there a serious stalemate right now? >> there's a stalemate. let's not kid ourselves. i'm not trying to make this more difficult. if you watched me over the last three weeks, i've been very guarded in what i have to say because i done want to make it harder for me or the president or members of both parties to be able to find common ground. but when i come out the day after the election and make it clear that republicans will put revenue on the table, i took a great risk. then t
>> increasing tax rates draws money away from our economy that needs to be invested in our economy to put the american people back to work. it's the wrong approach. we're willing to put revenues on the table, but revenues that come from closing loopholes, getting rid of special interest deductions, and not raising rates. we think it's better for the economy, pure and simple. secondly, listen. the american people expect us to find common ground to work together and to resolve this....
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Nov 30, 2012
11/12
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CNNW
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i think the economy is lower than it was last year. slower than it was the year before, and we have this idea and notion that somehow raising taxes is going to create jobs. we have about 23 million americans looking for work. raising taxes doesn't create jobs. if we want more revenue in washington we need to grow the economy. we need to provide a moratorium for obama care. we need to talk about ways we can grow the economy and get washington out of the way so people can go back to work. >> congressman, you know, americans really want to compromise here and they want finally a plan and to resolve this fiscal cliff. will republicans now counter with their own version of a plan, and -- and if you could share some details of what that potentially would look like? >> i think one of the problems with washington in general is these things are taking place behind closed doors. that didn't work out a year and a half ago when they put together a bad deal. both sides, the president, majority leader, the speaker, that created this crisis, but the
i think the economy is lower than it was last year. slower than it was the year before, and we have this idea and notion that somehow raising taxes is going to create jobs. we have about 23 million americans looking for work. raising taxes doesn't create jobs. if we want more revenue in washington we need to grow the economy. we need to provide a moratorium for obama care. we need to talk about ways we can grow the economy and get washington out of the way so people can go back to work....
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Nov 29, 2012
11/12
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how is that going to help the economy? >> it won't help the economy. they're going to put this new 3.8% sur fax on to investors to pay for obama care. as you mentioned, it cost more than $100 billion. something to keep in mind here is the total tax hike cost for obama care is $500 billion. americans will see more than half of that take place on january 1st. >> that's on top of whatever they decide to do on this fiscal cliff business. katie, the next biggest one, $87 billion is an increase in the payroll tax. .9%, 2.9 to 3.8%, small business busy and self-employed. how does that promote growth. they're going to be hiring less and there are going to be fewer employees. >> don't they talk about this? why don't they do the add-ones that you're doing on the obama care taxes? >> i'm actually not sure about this. i'm pretty confused about why the romney campaign didn't hit the obama care tax argument harder on the campaign trail because the supreme court ruled it a tax for good reason. it had gone through the numbers here on your show. this hit small business
how is that going to help the economy? >> it won't help the economy. they're going to put this new 3.8% sur fax on to investors to pay for obama care. as you mentioned, it cost more than $100 billion. something to keep in mind here is the total tax hike cost for obama care is $500 billion. americans will see more than half of that take place on january 1st. >> that's on top of whatever they decide to do on this fiscal cliff business. katie, the next biggest one, $87 billion is an...
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lou: great news on the economy, will higher taxes screw it up? two of the best economic thinkers join us, deutsche bank senior u.s. correspondents will be here joining us next. detroit on the edge of bankruptcy as city councilwoman with a rather direct, plain spoken solution saying it's simple. the city voted for obama. now obama must bail out mo-town, next. want to try to crack it? yeah, that's the way to do it! n we need a little bit more... [ male announcer ] at humana, we understand the value of quality time and personal attention. which is why we are proud to partner with health care professionals who understand the difference that quality time with our members can make... that's a very nice cake! ohh! [ giggles ] [ male announcer ] humana thanks the physicians, nurses, hospitals, pharmacists and other health professionals who helped achieve the highest average star rating among national medicare companies... and become the first and only national medicare advantage company to achieve a 5-star rating for a medica plan... your effortresult in
lou: great news on the economy, will higher taxes screw it up? two of the best economic thinkers join us, deutsche bank senior u.s. correspondents will be here joining us next. detroit on the edge of bankruptcy as city councilwoman with a rather direct, plain spoken solution saying it's simple. the city voted for obama. now obama must bail out mo-town, next. want to try to crack it? yeah, that's the way to do it! n we need a little bit more... [ male announcer ] at humana, we understand the...
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Dec 1, 2012
12/12
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FOXNEWSW
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it will be his economy. it will be his presidency on the line and also the country. if barak obama believes in the clinton tax cuts, let them go back into affect for the entire country and see if the country believes they are good for america. >> the president is campaign acting like he received a anytime percent man date when he only received half. what impact is this having on the psyche of the gop. >> it is affecting the psyche of the president. he's act being like he did win a huge victory . he did win a substitute victory and what happened to the republicans is, they are fearful of all of these taxes going up they are trying to a bargain in good faith to give away something and then say if you will give us something and make us look good. don't humiliate us. the democrats are humiliating the republican party in making that offer . i think their own dignity and principles and beliefs, what republicans ought to say is, we think that extending the tax cuts pay roll and bush tax cuts is good for economy and america and consistent with our principles and blives and y
it will be his economy. it will be his presidency on the line and also the country. if barak obama believes in the clinton tax cuts, let them go back into affect for the entire country and see if the country believes they are good for america. >> the president is campaign acting like he received a anytime percent man date when he only received half. what impact is this having on the psyche of the gop. >> it is affecting the psyche of the president. he's act being like he did win a...
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Nov 29, 2012
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money out of the economy? >> everybody remembers very well the ugly process we went through in august of 2011 in raising the debt ceiling, and what happened immediately around the raising of that debt ceiling. we saw the stock markets crash. let me tell you if we go off this fiscal cliff -- and i put the blame squarely on the president. he's been awol on this issue for the last three years. now he's coming in and waving a flag, trying to take the glory, put the burden on republicans. republicans have been willing to negotiate. if he doesn't come forward and provide real leadership, we go off the cliff, the economic disaster that we're going to see is going to be squarely on the shoulders of this president. >> sean: i would like to adopt something like the mac penny plan. cut one penny out of every dollar washington spends, and we move to a balanced budget. with baseline budgeting, you have increases every year. can you ever get rid of baseline budgeting? >> if any corporation in america operated the way the co
money out of the economy? >> everybody remembers very well the ugly process we went through in august of 2011 in raising the debt ceiling, and what happened immediately around the raising of that debt ceiling. we saw the stock markets crash. let me tell you if we go off this fiscal cliff -- and i put the blame squarely on the president. he's been awol on this issue for the last three years. now he's coming in and waving a flag, trying to take the glory, put the burden on republicans....
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Dec 4, 2012
12/12
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part is getting our economy growing. but in order to avoid having this debate again in just another few months like we had just a year ago and the one we're having over the fiscal cliff, is that we have to be willing right now to come to the table, have these negotiations and, speaker boehner, the day after the election, signaled to the white house, he went to the podium and said we're willing to put tax revenue on the tail but we must have the spending, spending reductions and also the entitlement reforms. jenna: so the white house says they will not compromise unless we do see tax rates going up. at least for the wealthiest. what do you see the end result being? if that is the red line they're drawing, what do you see as part of the compromise there, they say they must see those rates go higher?. >> it is a question whether or not they're going to insist on those, that those top 2% rates going up. it is really a straw man in the whole debate. even if we raised the top 2%, we tax them at 100% it would only fund the fede
part is getting our economy growing. but in order to avoid having this debate again in just another few months like we had just a year ago and the one we're having over the fiscal cliff, is that we have to be willing right now to come to the table, have these negotiations and, speaker boehner, the day after the election, signaled to the white house, he went to the podium and said we're willing to put tax revenue on the tail but we must have the spending, spending reductions and also the...
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Nov 30, 2012
11/12
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CSPAN2
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computation is an important part of the economy and culture in that region. the damage to our highways, transit system caused severe congestion stranding new jersey and creating delays for miles. transportation in new jersey has an impact on more than just new jersey residents. sandy affected anyone who rides our rail for drive through our state or uses products. i will be working with this committee to rebuild new jersey's transportation infrastructure to make it stronger and more resilient in addition to our infrastructure in at least two cases. flooding from sandy damage the superfund sites, leading to potential release of toxic pollution into the environment. i have a letter on the way to the epa to conduct a thorough investigation of the storm's impact on sites throughout the region and i am also introducing superfund emergency response requests which requires the epa to perform an assessment of superfund sites following any natural disaster and allows congress to appropriate emergency funding to remediator any damage, also require the epa to come of wit
computation is an important part of the economy and culture in that region. the damage to our highways, transit system caused severe congestion stranding new jersey and creating delays for miles. transportation in new jersey has an impact on more than just new jersey residents. sandy affected anyone who rides our rail for drive through our state or uses products. i will be working with this committee to rebuild new jersey's transportation infrastructure to make it stronger and more resilient in...
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Dec 1, 2012
12/12
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MSNBCW
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if you think about -- remember the economy. >> i've heard of the economy, yes. >> the unemployment rate is still way too elevated. 7.9%. gdp got a pop but most of us agree it is growing well too slowly. this is our biggest near term problem. our biggest near term problem is not the budget deficit. that is a long-term problem, a serious problems, we have a chance to do something about it. . if we can at the same time, help the 2013 economy by giving it a bit of a boost, that means a lot to workers, their paychecks, job availability. i'm very happy to see that was in there. >> when you look at the white house's proposal, what do you think they think they can actually get? >> i think they think they can get the increase in the top rates. that's the biggest kind of thing to finally break the mold on that, to really push back against the kind of grover norquistian asymmetry. i think they can get that. i'm not sure we end up at 396 for the top rate, but i think they will get that. i think probably by giving some on the entitlements as is in their opening bid, they will be able to get back to
if you think about -- remember the economy. >> i've heard of the economy, yes. >> the unemployment rate is still way too elevated. 7.9%. gdp got a pop but most of us agree it is growing well too slowly. this is our biggest near term problem. our biggest near term problem is not the budget deficit. that is a long-term problem, a serious problems, we have a chance to do something about it. . if we can at the same time, help the 2013 economy by giving it a bit of a boost, that means a...
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Dec 6, 2012
12/12
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the economy of our state is pretty much founded on the letter "c." let's, see, it would include corn. start off by growing corn. chickens, we grow a lot of chickens there. there are reports in delaware there are 300 chickens. anybody thinking about what to have for dinner, chicken would be good. we have chemicals and dupont company, an impoverished family came to delaware and established a chemical company and now they have quite a successful science company in our state for over 200 years. we have cars. we built a lot of cars over the years, g.m. and chrysler products. over half of the new york stock exchange, half the fortune 500, being credit card business in our state. the coast of our state is the site of the nation's summer capital, rehoboth beach and a bunch of other places. the letter "c" has been pretty big. people say why do they call you the first state? we're the first colony that threw off the yoke of the british tyranny and at the same time said pennsylvania take a hike, we want to be a state on our own. 225 years from tomorrow to be ex
the economy of our state is pretty much founded on the letter "c." let's, see, it would include corn. start off by growing corn. chickens, we grow a lot of chickens there. there are reports in delaware there are 300 chickens. anybody thinking about what to have for dinner, chicken would be good. we have chemicals and dupont company, an impoverished family came to delaware and established a chemical company and now they have quite a successful science company in our state for over 200...
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Nov 30, 2012
11/12
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FBC
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economy more we expect in 2013. longer we delay more economic impact we have and that is starting to weigh on our earnings estimates. >> your client tele, pension funds, hedge funds, institutional investors. what do those guys say what is going on? >> try to weigh all the different data points coming in. it is difficult to get a read through as you mentioned on the fourth quarter because of the hurricane. tracy: right. >> there is generalized improvement in housing but nobody is really sure how long tailed that improvement might be. if the economy is really decelerating in the short term. i would say we're getting a feel where we're headed in 2013. investors are loathe to avoid equities because the fed is clearly backstopping from a monetary perspective but at the same time they're somewhat afraid what could happen at the fiscal level. tracy: you're having to move into more defensive sectors in the s&p. does that mean you say take gains now while taxes are somewhat certain and move yourself into sectors like health
economy more we expect in 2013. longer we delay more economic impact we have and that is starting to weigh on our earnings estimates. >> your client tele, pension funds, hedge funds, institutional investors. what do those guys say what is going on? >> try to weigh all the different data points coming in. it is difficult to get a read through as you mentioned on the fourth quarter because of the hurricane. tracy: right. >> there is generalized improvement in housing but nobody...
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Dec 1, 2012
12/12
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KRON
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house speaker john banner stated that the ideal of boosting would be a crippling blow to the economy. >> let's not kid ourselves. the company cannot or sure they all for this. >> the key sticking point is taxes. democrats want to extend the bush cut for the middle class. republicans do not want to tax rate increase on anyone. the right hothe white house hopes tt if the president is taking this to the public and this will have congress act. the real negotiation is going on behind closed doors with just 32 days left. there are few signs of progress. >> men 8 congressional insiders stated that the deal should be reached before the jiddah word first deadline. we will continue to track the storm and weather forecast coming up. >> it will get worse before it gets better. the >> >> we are continuing to track the storm. we will have a live look outside. on the right you can see the golden gate bridge. >> the rain is slow and steady and it is not too be.ad. >> it is not over yet. it actually will get pretty bad. we have storm #3 cummingtonite. you could see where it i raining right nowcummingt
house speaker john banner stated that the ideal of boosting would be a crippling blow to the economy. >> let's not kid ourselves. the company cannot or sure they all for this. >> the key sticking point is taxes. democrats want to extend the bush cut for the middle class. republicans do not want to tax rate increase on anyone. the right hothe white house hopes tt if the president is taking this to the public and this will have congress act. the real negotiation is going on behind...
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Nov 29, 2012
11/12
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KGO
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the study says the uptick is a sign more are confident about the economy. also cautions some chose to start their own businesses because they couldn't find other jobs. economists have said the economy won't fully recover until small businesses pick up the pace of hiring. >>> this morning the fda may be ready to turn to outside experts for advice on energy drinks. in the last month monster and five hour energy have come under scrutiny. now "the new york times" reports the fda may turn to experts from the institute of medicine and other agencies to determine whether those drinks pose a safety risk to consumers. this is a sign the fda does not plan to take immediate action on energy drinks. >>> average american household spends more than $1500 every year on cell phone service. there are ways to save. michael finney and consumer reports look at prepaid options. >> reporter: good morning. if you're looking to save on your cell phone bill, consumer reports says a prepaid plan maybe your best option. it seems like everyone is on a smartphone these days. and we are
the study says the uptick is a sign more are confident about the economy. also cautions some chose to start their own businesses because they couldn't find other jobs. economists have said the economy won't fully recover until small businesses pick up the pace of hiring. >>> this morning the fda may be ready to turn to outside experts for advice on energy drinks. in the last month monster and five hour energy have come under scrutiny. now "the new york times" reports the fda...
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157
Dec 5, 2012
12/12
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CNBC
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when it comes to the president in this economy. we are 8 days in and he hasn't started the process of reconvening the board. >> the board is already so pro union as is the president fresh off his re-election even though this is not going to be a california emergency, this could be a national emergency for closing down those huge ports. that is it for tonight's show. thank you for watching. we will see you tomorrow night we need premarket capitalism. not a union hold up. [ male announcer ] at scottrade, you won't just find us online, you'll also find us in person, with dedicated support teams at over 500 branches nationwide. so when you call or visit, you can ask for a name you know. because personal service starts with a real person. [ rodger ] at scottrade, seven dollar trades are just the start. our support teams are nearby, ready to help. it's no wonder so many investors are saying... [ all ] i'm with scottrade. it's no wonder so many investors are saying... when you take a closer look... ...at the best schools in the world... .
when it comes to the president in this economy. we are 8 days in and he hasn't started the process of reconvening the board. >> the board is already so pro union as is the president fresh off his re-election even though this is not going to be a california emergency, this could be a national emergency for closing down those huge ports. that is it for tonight's show. thank you for watching. we will see you tomorrow night we need premarket capitalism. not a union hold up. [ male announcer ]...
954
954
Nov 29, 2012
11/12
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CNNW
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they weren't a damper on the economy. i think it fair that we go back to those rates. >> i understand not wanting to negotiate with yourselves but you have to negotiate with somebody. so -- yes or no -- would you settle for something lower than 36.9%? >> i don't want to say what my line would be. we have to make compromises. if the rates do come up whether they have to come up to precisely the way they were during the clinton administration it can be a subject for negotiation. >> for instance let me ask you specifically. would you favor support if you need to lowering the eligibility rate for medicare -- raising it rather. >> oh i don't think we should make changes to medicare. it's not responsible for the deficit and debts. neither is social security. you're right, medicare and social security have long-term fiscal challenges. they need to be dealt with. i don't agree with connect connecting those to the deficit and debt program not created by those programs. >> i want to switch gears. as a senior member of the house int
they weren't a damper on the economy. i think it fair that we go back to those rates. >> i understand not wanting to negotiate with yourselves but you have to negotiate with somebody. so -- yes or no -- would you settle for something lower than 36.9%? >> i don't want to say what my line would be. we have to make compromises. if the rates do come up whether they have to come up to precisely the way they were during the clinton administration it can be a subject for negotiation....
171
171
Nov 29, 2012
11/12
by
KPIX
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so the economy must be getting better. >> yeah. >> getting in the season. >>> next half hour coming up, it's the richest powerball jackpot ever. two winners are splitting the prize. >> what's expected between president obama and mitt romney as they meet for the first time since their last debate? coming your way. >>> a woman wakes up to find an intruder in her apartment. and now he is on the loose. police have been searching all night. we'll update you live from the scene next. ,,,, welcome se my lcret d you are?air.an your worst nightmare mr. box. since you foolishly brought back your bonus jack! i have copied your two pure beef patties, lettuce, melting cheese, pickles, and middle bun, plus fries and a drink for $4.49. and now you will tell me what is in your secret sauce!! uh, i think i know. "we all know," "pretty obvious." you couldn't tell me when i handed out the wiener-dog lasers!?! g right now >> your realtime captioner: linda marie macdonald >>> a woman wakes up and screams to find an intruder in her home. the manhunt happening right now in palo alto. >> and engineers say our
so the economy must be getting better. >> yeah. >> getting in the season. >>> next half hour coming up, it's the richest powerball jackpot ever. two winners are splitting the prize. >> what's expected between president obama and mitt romney as they meet for the first time since their last debate? coming your way. >>> a woman wakes up to find an intruder in her apartment. and now he is on the loose. police have been searching all night. we'll update you live...